Tag: KYC

WorkFusion has teamed up with 1LoD to produce a comprehensive Financial Crime Benchmarking Survey & Report, offering fresh insight into how top global banks...

As services across industries become increasingly digitised, the need for secure and streamlined methods of identity verification has intensified. Traditional methods such as physical...

Effective onboarding has become a critical business function, serving not just as the first touchpoint for customers and vendors but as a reflection of a company’s values and operational maturity.

Capgemini has launched a first-of-its-kind pKYC sandbox, aimed at helping financial institutions adopt a real-time, continuous compliance framework. The new solution addresses the challenges associated...

As regulatory demands intensify and financial crimes grow more complex, financial institutions and regulated businesses are under mounting pressure to modernise their risk assessment...

Persona, a San Francisco-based verified identity platform, has raised $200m in a Series D funding round, valuing the company at $2bn.

Collecting accurate tax documentation—especially taxpayer identification numbers (TINs) via Forms W-8 or W-9—is one of the biggest compliance challenges financial institutions and digital platforms...

Feedzai, a fraud and financial crime prevention company specialising in AI-powered solutions for financial institutions, has acquired DemystData, a provider of data integration and orchestration technology known for its Zonic platform.

Traditional KYC processes are increasingly struggling to keep pace with the demands of modern financial services. However, the rise of AI and ML is reshaping how compliance teams operate, delivering faster, more accurate, and more scalable solutions.

When criminal organisations generate illegal profits, they must clean or ‘launder’ the money before it can be safely used in the legitimate economy. This is typically done through a carefully structured three-stage process. Understanding these stages is vital for businesses implementing anti-money laundering (AML) strategies, as it can help identify potential criminal activity.